Mohammed Al Ahbabi, the director general of the UAE Space Agency, said the mission is on track 'in terms of timeline, budget and building capability'. Delores Johnson / The National
Mohammed Al Ahbabi, the director general of the UAE Space Agency, said the mission is on track 'in terms of timeline, budget and building capability'. Delores Johnson / The National

Dubai Airshow: UAE on course for 2021 mission to Mars



An unmanned space mission to Mars is “on track” for 2021 and will benefit from falling costs in the sector, according to the head of the UAE’s space agency.

“The mission is on track in terms of timeline, budget and building capability,” said Mohammed Al Ahbabi, the director general of the UAE Space Agency, at the Dubai Airshow.

Mr Al Ahbabi said that the launch site for the mission will “definitely” be outside the UAE.

“We don’t have launching capability in the country,” he said, adding that the UAE will look for options in Europe, the United States, Russia or Japan.

The country said in May that it would launch a probe – named Hope – to Mars, with the project led by Emiratis.

The satellite will travel more than 60 million kilometres in nine months and will be launched to coincide with the UAE’s 50th anniversary.

Moving forward, Mr Al Ahbabi said the agency was working on a policy that “will regulate the space sector and issue a space law in the UAE”.

The UAE intends to present the policy plan to the Government this year.

Mr Al Ahbabi declined to disclose an investment figure for the Mars mission, saying “it is still at an early stage”, but he said that prices for spacecraft components have dropped.

“The space industry is much cheaper than before … technology has matured,” he said.

“There is mass production. The space components are still expensive, but have gone down from the past 10 years ago.”

The country’s combined investments in space technology have already exceeded Dh20 billion including Yahsat, Thuraya Satellite Telecommunications and Dubai Sat.

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Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
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Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
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